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Board of Directors
Corporate Sustainability – The Board’s Role in Oversight: Protecting a company’s social license to operate
MCC: People often think of corporate sustainability activities in terms of environmental, energy or corporate philanthropy-related issues. How does NACD define sustainability? Bew: Broadly speaking, the terms “corporate sustainability” or “corporate social responsibility...
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Identifying Black Swans: The Many Facets of Risk Oversight
MCC: Risk oversight is a key responsibility for corporate boards. What are the major areas of risk? Gleason: It's interesting. When you think about it, everything falls into the risk category. Where we used to have discussions around financial reporting or compensation, the conversation...
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From Monitors to Thought Partners: The Board’s Role in Corporate Strategy
Editor: The board has always been responsible for oversight of strategy development. What differentiates the recommendations in this report? Gilmartin: The primary difference lies in recommending a new and higher level of board engagement. This means moving away from the traditional “...
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NACD’s Directorship 2020 Initiative: Helping Boards Become Strategic Assets
Editor: Welcome back, Steve. Please start our discussion with a description of your role as it relates to NACD’s educational mission. Walker: It’s important to know that NACD’s 15,000 members include directors from nearly every type of business entity ranging from...
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Cybersecurity And The National Association Of Corporate Directors
Editor: Why is cybersecurity a current area of focus for NACD? Bew: Cybersecurity and cyber breaches are no longer emerging issues. The headlines about breaches in both the public and private sectors have put the issue on every organization’s agenda, whether large or small, whatever the...
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Comp Committees: Facing The 2014 Proxy Season
Editor: What trends is NACD seeing in executive compensation this proxy season? Bew: The say-on-pay vote results to date have been positive. Around 73 percent of Russell 3000 companies received greater than a 90 percent approval rating so far, which is slightly higher than what we saw for the...
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Best Practices In Director Training
Editor: Describe the role played by directors. Walker: In addition to their core fiduciary duties, the role of today’s corporate directors is to provide guidance to the CEO and senior executive team while overseeing the organization as a whole. A strong board should provide counsel...
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